empty
 
 

2026.05.2917:00:00UTC+00U.S. Baker Hughes Rig Count Rises to 562, Signaling Modest Pickup in Drilling Activity

The U.S. Baker Hughes Total Rig Count edged higher to 562 as of 29 May 2026, up from the previous reading of 558, indicating a modest increase in drilling activity across the United States.

The four-rig gain suggests operators are cautiously ramping up exploration and production, potentially in response to evolving energy demand and price dynamics. While the move is incremental, changes in the Baker Hughes rig count are closely watched by markets as an early indicator of future oil and gas output.

This latest uptick may feed into expectations around U.S. supply growth in the coming months, with investors and analysts monitoring whether the trend continues or remains a short-term adjustment in drilling plans.

  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $9000 more!
    In May we raffle $9000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS


Can't speak right now?
Ask your question in the chat.
Widget callback